Tag Archives: technology
Microsoft’s EU remedies target only cloud streaming rivals, sources says
By Foo Yun Chee BRUSSELS (Reuters) - Microsoft Corp's remedies to address European Union antitrust concerns over its $69 billion acquisition of Activision focus only on cloud gaming services, with no ...
Syndicated Content Mar 20, 2023
France’s OVH expands into India amid growing cloud adoption
By Olivier Sorgho (Reuters) - French software firm OVHcloud has launched its first data centre in India as it expands in the Asia-Pacific region aiming to capitalise on growing cloud adoption amid hei...
Syndicated Content Mar 20, 2023
Google denies destroying ‘chat’ evidence in U.S. antitrust lawsuit
By Mike Scarcella (Reuters) - Alphabet Inc's Google has denied intentionally destroying evidence in the U.S. Justice Department's antitrust lawsuit over the company's search business, in a response to...
Syndicated Content Mar 20, 2023
EU competition chief flags fresh probes into multinationals’ tax deals
By Foo Yun Chee BRUSSELS (Reuters) - EU regulators are likely to open investigations into tax deals between EU countries and multinationals after reviewing their arrangements in the previous decade, t...
Syndicated Content Mar 20, 2023
Content moderators sue Meta over alleged ‘union-busting’ in Kenya
NAIROBI (Reuters) - Facebook content moderators in Kenya are suing the social media site's parent company Meta and two outsourcing companies for unlawful redundancy, a rights group said on Monday. The...
Syndicated Content Mar 20, 2023
Amazon deepens tech-sector cuts by slashing another 9,000 jobs
By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cut...
Syndicated Content Mar 20, 2023
Uber, Lyft trade group questions Biden’s labor nominee’s gig workers stance
By Nandita Bose WASHINGTON (Reuters) - Rideshare and delivery companies want the Biden administration's nominee for the Department of Labor to clarify her position on an incoming worker-classification...
Syndicated Content Mar 20, 2023
Startup behind Stable Diffusion releases AI system for generating videos from text
By Anna Tong SAN FRANCISCO - Runway, the startup that co-created the popular Stable Diffusion AI image generator, has released an AI model that takes any text description - such as "turtles flying in ...
Syndicated Content Mar 20, 2023
Pinduoduo owner’s revenue falls short on weak consumer spending
By Chavi Mehta and Casey Hall (Reuters) -PDD Holdings Inc, which owns discount e-commerce platforms Pinduoduo and Temu, on Monday missed expectations for fourth-quarter revenue as China's post-re-open...
Syndicated Content Mar 20, 2023
Factbox-Ernie vs ChatGPT on global leaders
By Eduardo Baptista BEIJING (Reuters) - Baidu's unveiling of its Ernie bot last week thrust the Chinese search engine giant into a race against global tech peers Microsoft and Google who are also buil...
Syndicated Content Mar 20, 2023

